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Franklin Park 60131 Franklin Park
3434 N SUNSET Lane
$290,000
● House - Off Market

3434 N SUNSET Lane

FRANKLIN PARK, IL 60131
bedrooms
3 Beds
bathrooms
2 Baths
$504,663
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

3BD BRICK RANCH.ALL REMODELED.BEAUTIFUL NEW KTICHEN W/ 42" MAPLE CABINETS, CERAMIC FLOOR, NEWER APPLIANCES AND LARGE EATING AREA.NEW PAINTED.FULL FINISHED BASEMENT W/SEP ENTRANCE,W/WET BAR, OFFICE, FITNESS AND RECREATION ROOM, FULL BATHROOM. NEW WINDOWS AND NEWER ROOF.2 CAR GARAGE AND ADDITIONAL CARPORT.NEW SIDEWALKS. QUIET STREET.HOUSE HAS COMPLIED WITH ALL VILLAGE INSPECTION BUILDING CODES AND IS "MOVE IN READY".
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #06406876)

Price History

Date / Event Date Event Price
May 2, 2007 Sold
Premium
Sold
Feb 9, 2007 Listed by RE/MAX City $294,900
Listed by RE/MAX City

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,650
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,182
  • Gross Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THIRD ADD TO FRANKLIN PARK
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (THIRD) ADD TO (FRANKLIN)(PARK) SUB SW SEC21 EX MANNH EIM & W10ACS OF PT SW LYING N RW C M & STP RR & E MANNHEIM & EX RW DEPO

Neighborhood

  • School District Name: Mannheim School District 83
  • Census Tract: 811500

Geography

  • District: 20
  • Parcel: 12-21-308-032-0000
  • Block: 42
  • Lot: 8,7
  • Meridian: SEC 21 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9414
  • Longitude: -87.8782

    Address

  • Full Address: 3434 Sunset Ln
  • Address - House Number: 3434
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C012
  • 4-Digit Zip Code: 1638
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $782,383
  • Tax Rate Code Area: 20025

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 345,614
  • High Value: 417,595
  • Low Value: 273,633

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $41,850
  • Market Improvement Value: $238,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,185
  • Assessed Improvements Value: $23,815

    Sales

  • Current Sale Contract Date: May 02, 2007
  • Current Sale Recording Date: May 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0713740107
  • Previous Sale Recording Date: Nov 15, 2002
  • Previous Sale Contract Date: Oct 11, 2002
  • Previous Sale Amount: $201,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Park

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1567 ft²

Average Home Age

68.8 years

Currently For Sale

26 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 221 E Dickens Avenue, Northlake, IL, 60164

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,325 ft²
221 E Dickens Avenue, Northlake, IL, 60164 Listing by Ana Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX City
Last Updated: 2 years ago
Data Source: MRED, MLS# 06406876
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3434 Sunset Lane built and last sold?
The property at 3434 Sunset Lane was built in 1956 and last sold on May 2, 2007 for $290,000.
How much is this home worth?
The estimated value of the home located at 3434 Sunset Lane is $0.
What are some comparable homes to 3434 Sunset Lane?
There are currently no comparable homes to 3434 Sunset Lane.
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